Comments on: Tax-free No-bid Cost-plus Government Contracts http://www.1115.org/2009/06/16/tax-free-no-bid-cost-plus-government-contracts/ Fri, 10 Feb 2012 06:09:43 +0000 hourly 1 http://wordpress.org/?v=3.3 By: matt http://www.1115.org/2009/06/16/tax-free-no-bid-cost-plus-government-contracts/comment-page-1/#comment-137294 matt Wed, 17 Jun 2009 12:51:32 +0000 http://www.1115.org/?p=9537#comment-137294 >Maybe somebody bet somebody else $5 that they could do it and get away with it? <a href="http://www.script-o-rama.com/movie_scripts/t/trading-places-script-transcript-murphy.html" target=_blank rel="nofollow">Trading Places</a>? Randal: How much do you want to bet? Mortimer: The usual amount. Randall: Why not? >Maybe somebody bet somebody else $5 that they could do it and get away with it?

Trading Places?

Randal: How much do you want to bet?
Mortimer: The usual amount.
Randall: Why not?

]]> By: sarabeth http://www.1115.org/2009/06/16/tax-free-no-bid-cost-plus-government-contracts/comment-page-1/#comment-137291 sarabeth Wed, 17 Jun 2009 10:55:55 +0000 http://www.1115.org/?p=9537#comment-137291 we'll find out, though I can't imagine the reporters on the story not checking that basic fact with the source. UN/IMF was a joke, of course. (Because UN/IMF employees do not pay taxes on their income.) And I really don't think that the administration that decided they had the power to kidnap, and torture, and shut people up for years and years without legal proceedings, would have stopped to ask itself: "hey, is it legal to make this $500k tax free?" <i>Why</i> they did it is another matter. Maybe somebody bet somebody else $5 that they could do it and get away with it? we’ll find out, though I can’t imagine the reporters on the story not checking that basic fact with the source.

UN/IMF was a joke, of course. (Because UN/IMF employees do not pay taxes on their income.)

And I really don’t think that the administration that decided they had the power to kidnap, and torture, and shut people up for years and years without legal proceedings, would have stopped to ask itself: “hey, is it legal to make this $500k tax free?”

Why they did it is another matter. Maybe somebody bet somebody else $5 that they could do it and get away with it?

]]> By: matt http://www.1115.org/2009/06/16/tax-free-no-bid-cost-plus-government-contracts/comment-page-1/#comment-137271 matt Wed, 17 Jun 2009 06:44:47 +0000 http://www.1115.org/?p=9537#comment-137271 wouldn't it be more likely that the source got it wrong and that the 500k was net after taxes? i can't really imagine the government being able to pay someone tax-free. they'd have to report it even if it came via the UN/IMF. wouldn’t it be more likely that the source got it wrong and that the 500k was net after taxes?

i can’t really imagine the government being able to pay someone tax-free. they’d have to report it even if it came via the UN/IMF.

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